Your boss asks you to estimate the price per share of a startup company using a comparable approach (i.e., market multiple approach. You have the following information for the startup company: Sales Costs Net Income Number of shares outstanding 1.96 million Debt Cash $29.8 million $15.5 million $14.3 million $55.8 million S39.8 million You also have the following information about the industry: 10.1 Industry P/E Industry EV/EBITDA Do you think it is better to use the industry P/E or the industry EV/EBITDA to estimate the price for the startup? Be sure to justify your answer a) b) Using the approach you recommended in part a, estimate the stock price per share for the startup company